Uniform tax procedure; eliminating fee from Oklahoma Tax Commission to Oklahoma Medical Marijuana Authority for collection; authorizing Commission to retain portion of certain tax collection. Effective date. Emergency.
Income tax credit; extending time for claiming tax credit for construction of energy efficient property. Requiring property to be completed in same year as credit is claimed. Effective date.
Taxpayer information; requiring the Oklahoma Tax Commission to publish a web-based application for utilization by taxpayers to determine where tax dollars are spent. Effective date.
Tax procedure; creating the First Time Abatement Program; authorizing waiver of penalty and interest due on tax returns for eligible taxpayers; specifying eligibility; limiting waiver amount. Effective date.
Revenue and taxation; creating investment rebate program; application; Department of Commerce; claims and payments; creating the Water Infrastructure for Economic Development Fund; emergency.